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We expect a $850 movement on EURUSD within 12 hours following the release of Existing Home Sales.

Based on past United States Existing Home Sales news events there is a 80% chance of EURUSD trending downwards. We expect this to happen if the released value is > 4.2M. A price movement of 85 pips is expected.

Historical events that allowed us to draw this conclusion

18 Nov 15:00
20 Oct 14:00
21 Sep 14:00
21 Jun 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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D’après les derniers 12 événements Ventes De Maisons Existantes en États-Unis, nous prévoyons que USDCHF ira à la hausse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 80%.

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We expect a $456001 movement on ES within 12 hours following the event release at 2023-03-21 14:00.

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